Core Insights - American Bitcoin Corp. has established itself as a significant player in the Bitcoin accumulation space, holding approximately 5,098 Bitcoin as of December 14, 2025, ranking it among the top 20 publicly traded Bitcoin treasury companies by holdings [1][3]. Group 1: Company Overview - American Bitcoin Corp. is a majority-owned subsidiary of Hut 8 Corp., focusing on building America's Bitcoin infrastructure and providing institutional-grade exposure to Bitcoin through a unique business model that combines self-mining operations with disciplined accumulation strategies [5]. - The company has achieved rapid growth since its Nasdaq listing, surpassing many competitors in Bitcoin reserves, which reflects the effectiveness of its strategic approach [3]. Group 2: Financial Metrics - The company has introduced the Satoshis Per Share (SPS) metric, which indicates the amount of Bitcoin attributable to each outstanding share, enhancing investor visibility into their indirect ownership of Bitcoin [2]. - Additionally, American Bitcoin is launching a Bitcoin Yield metric to measure the percentage change in SPS over time, providing investors with insights into their evolving Bitcoin exposure [2]. Group 3: Communication and Transparency - American Bitcoin Corp. is committed to transparency and will provide regular updates on its Bitcoin holdings, SPS, Bitcoin Yield, and related performance metrics through its website and social media channels [4].

Core Insights - American Bitcoin Corp. has acquired approximately 139 Bitcoin since October 24, 2025, bringing its total holdings to approximately 4,004 Bitcoin as of November 5, 2025 [1][3][4] - The company reports a Satoshis Per Share (SPS) of 432, reflecting a 3.35% increase over a 12-day period [3][4] Bitcoin Reserve - As of October 24, 2025, the Bitcoin reserve was 3,865, which increased to 3,960 by November 3, 2025, and reached 4,004 by November 5, 2025 [4] - The Bitcoin reserve includes Bitcoin held in custody or pledged for miner purchases under an agreement with BITMAIN [4] Satoshis Per Share (SPS) - The SPS metric, which indicates the amount of Bitcoin attributable to each outstanding share, is currently at 432, showing a 3.35% increase from the previous measurement [3][4] - The SPS provides investors with visibility into their indirect ownership of Bitcoin through their equity in the company [2] Company Strategy - The company employs a dual strategy that combines scaled Bitcoin mining operations with disciplined at-market purchases to expand its Bitcoin holdings [3][6] - The focus is on building America's Bitcoin infrastructure and providing institutional-grade exposure to Bitcoin [6]

Core Insights - American Bitcoin Corp. has acquired approximately 1,414 Bitcoin, bringing its total holdings to about 3,865 Bitcoin as of October 24, 2025 [1][5] - The company aims to provide transparency to investors by updating the Satoshis Per Share (SPS) metric, which reflects the amount of Bitcoin attributable to each outstanding share [2][4] - The company differentiates itself from traditional Bitcoin treasury vehicles through integrated mining operations, allowing for a lower average cost per Bitcoin [3] Bitcoin Holdings - As of October 24, 2025, American Bitcoin holds approximately 3,865 Bitcoin, which includes Bitcoin acquired through mining and strategic purchases [1][5] - The company has recently acquired 1,414 Bitcoin from September 1 to October 24, 2025 [5] Satoshis Per Share (SPS) - The SPS as of October 24, 2025, is 418, representing a 52% increase from the previous measurement [4] - SPS is calculated by multiplying total Bitcoin holdings by the Satoshi conversion ratio and dividing by the number of outstanding shares [2] Company Strategy - The company focuses on increasing its Bitcoin holdings to enhance shareholder value [3] - By producing Bitcoin directly through mining, the company aims to achieve a cost advantage over competitors that purchase Bitcoin exclusively on the open market [3][8]